Cohesion Fund
The Cohesion Fund is a financial instrument established by the European Union to support member states with a gross national income (GNI) per capita below 90% of the EU average. Its primary goal is to reduce economic and social disparities and promote sustainable development in less affluent regions. The fund primarily finances infrastructure projects in the fields of transport and the environment.
By providing funding for essential projects, the Cohesion Fund aims to enhance connectivity and improve living conditions in eligible countries. This support helps to foster economic growth and integration within the EU, ultimately contributing to a more balanced and cohesive union.